I found a financial blog that was irritating. It reminds me of most of the financial advice I hear, which is geared towards the same income level. In some ways, it makes sense, because you have enough money to actually buy a house, yacht, save for retirement, or whatever, and manage your money. Low income people just have to scrape by, basically balancing the budget month to month. There isn't anything for future investments, or ways to trim the budget. So much of the financial advice seems to include, going out to dinner one less time a week and not buying as many $3.00 lattes, since everyone spends hundreds on a month on those things.
Anyway, the people who wrote this blog probably have good tips for people at their income level, but it still was annoying. I don't know how these people, who all seem to make about $50,000 a year, have any problem saving money. It's ridiculous that they even have a column about saving money. Something is seriously wrong when you make that much money and still don't have enough. One person said they spent $1000 a month just on going out. I don't understand even spending that much. Are they flying to
Saturday, October 08, 2005
Financial Advice from Rich People
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